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Charles Zhou Acquires Condo For $1.4M In Waltham, MA

Property Image
SOLD
$1,400,000

Massachusetts

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Condo3 SF
Sold 11/07/2022
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Property Image
SOLD

Charles Zhou Acquires Condo For $1.4M In Waltham, MA

114 Church Street, Waltham, Massachusetts 02452, United States

See Similar Deals
Condo3 SF
Sold 11/07/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$466,666
Total Square Footage:3 SF
Transaction Type:Sale

The condo unit located at 114 Church Street, Unit Waltham, MA has been sold for $1,400,000. This spacious unit spans across 3,168 square feet, resulting in a price per square foot of $442. The transaction took place on July 11, 2022.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,400,000
  • Buyer: Charles Zhou
  • Seller: Church & Summer Development
  • Brokers: Travers Peterson & Massis Khoumjian - Coldwell Banker
  • Date: 07/11/2022
  • Address: 114 Church Street, Unit Waltham, MA
  • Square Footage: 3,168
  • Price per Square Foot: $442

The successful transaction was facilitated by brokers Travers Peterson & Massis Khoumjian, who represented both the buyer, Charles Zhou, and the seller, Church & Summer Development. Their expertise and efforts played a crucial role in ensuring a smooth deal.

Players

Massis Khoumjian
11 deals$19.4M volume(781) 888-5363
BROKER

Travers Peterson
Coldwell Banker
3 deals$4M volume
BROKER

SELLER

Details

SOLD
IMAGE: Travers Peterson & Massis Khoumjian DATE: 07/11/2022 ADDRESS: 114 Church Street, Unit MARKET: Waltham, MA ASSET TYPE: Condo BUYER: Charles Zhou SELLER: Church & Summer Development BROKERS: Travers Peterson (@SomerBridgeRealtor) & Massis Khoumjian (@Realtor_Massis) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $1,400,000 SF: 3,168 ~ PPSF: $442

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$74,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57